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Legal, pensions and money

Finding an ISA that invests ethically

(7 Posts)
Mishap Thu 05-Feb-15 11:16:36

A propos of a previous thread, I am trying to find an ISA that invests ethically and it is pretty blooming difficult to find out! If anyone has any advice I would be happy to receive it!

Retiredguy Thu 05-Feb-15 11:58:50

I know that the Co-Op Bank has had some bad press of late but I've been with them years and they really do make an effort to invest ethically.
Hope you find something to suit you.

rosequartz Thu 05-Feb-15 12:10:23

Legal and General have an ethical tracker fund:

i.legalandgeneral.com/consumer/investments/products-and-funds/specialist/investments-productsandfunds-specialist-fund-ethical.jsp

It depends if you are looking for relatively safe or spectacular - and possibly risky - returns.

vampirequeen Thu 05-Feb-15 14:59:22

I'm with the Coop Bank. Never had a problem. As long as you don't have more that £80K in a bank if it goes bust you're covered by the government anyway.

I like the Coop Bank. They had 24/7 banking long before the others. The branch staff are always lovely. The internet banking site is easy to use. Ethical banking...nuff said.

Wheniwasyourage Thu 05-Feb-15 17:57:31

Triodos has a cash ISA and also now a stocks & shares one, I think. I've had a cash one for years, and although the interest rate isn't marvellous, it doesn't wake me up at night worrying about what my money is invested in! Also CIS which is linked to the Co-op in some way, rather than the Co-op Bank but is now run (still ethically) by Royal Insurance confused

rosequartz Thu 05-Feb-15 18:58:08

As you mentioned 'invest' Mishap, I thought you meant a stocks and shares ISA.

I don't have much in mine and tend to drip-feed a little into it monthly. If you are looking to invest a lump sum you have to be careful to pick the right time to invest (but I expect you know that already)!

I think the L&G one tracks the index so is fairly safe but not spectacular.

durhamjen Thu 05-Feb-15 22:29:57

www.ethicalconsumer.org/buyersguides/money/cashisas.aspx

You can alter the type of ethics you are most concerned about if you sign up to the site.